Property investors have seen a -3.12% drop in NEW TOWN based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains NEW TOWN, 5554 saw average decrease in the long term.
The SA suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $233,000
Profits averaged -4.57% per annum over a 3-year period, due to an downward trend in home prices in NEW TOWN, 5554.
The gross rental yield in NEW TOWN, 5554 is 0%.
An average of 2.08 real estate transactions take place per month in NEW TOWN which translates to 25 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-16.79%||N/A|
|Median 3 years||-13.7%||N/A|
|Median 5 years||-12.9%||N/A|
|10 years average annual||3.71%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|